Danske Bank, officially known as Danske Bank A/S, is a leading financial institution headquartered in Sweden (SE). Established in 1871, the bank has evolved into a prominent player in the Nordic financial services sector, with significant operations across Denmark, Finland, Norway, and the Baltic countries. Specialising in retail banking, corporate banking, and wealth management, Danske Bank offers a diverse range of products and services, including personal loans, mortgages, and investment solutions. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. With a strong market position, Danske Bank has achieved notable milestones, including the introduction of digital banking services that enhance customer experience. The bank continues to focus on sustainable finance, reinforcing its reputation as a responsible financial partner in the region.
How does DANSKE BANK's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
DANSKE BANK's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Danske Bank reported total carbon emissions of approximately 9,292,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 1,954,000 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, having set a long-term goal to achieve net-zero emissions across all scopes by 2050. This commitment aligns with the Paris Agreement, reflecting the bank's dedication to sustainable financing practices. Over the years, Danske Bank has made notable progress in reducing its emissions. For instance, in 2021, total emissions were reported at approximately 7,400,000 kg CO2e, a significant decrease from 17,302,000 kg CO2e in 2019. The bank's emissions have shown a downward trend, particularly in Scope 1 and 2 emissions, which dropped from about 5,106,000 kg CO2e in 2019 to approximately 1,954,000 kg CO2e in 2023. Danske Bank's emissions profile includes Scope 1 emissions of about 468,000 kg CO2e and Scope 2 emissions of approximately 1,871,000 kg CO2e in 2022. The bank's ongoing initiatives and commitments reflect its proactive approach to addressing climate change and its impact on the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,502,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | - |
Scope 2 | 5,789,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Scope 3 | 11,373,000 | 00,000,000 | 00,000,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
DANSKE BANK is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.